Soligenix Inc (SNGX)

[fung_derf]

LOL....it's like watching the Comedy Channel where every show is the same...

As a result of the Reverse Stock Split, every 15 shares of issued and outstanding Common Stock will be automatically
combined into one issued and outstanding share of Common Stock, without any change in the par value per share. No
fractional shares will be issued as a result of the Reverse Stock Split. Any fractional shares that would otherwise have
resulted from the Reverse Stock Split will be rounded up to the next whole number. The Reverse Stock Split will reduce
the number of shares of Common Stock outstanding from 43,335,174 shares to approximately 2,889,012 shares, subject to
adjustment for the rounding up of fractional shares. The number of authorized shares of Common Stock under the
Certificate of Incorporation will remain unchanged at 75,000,000 shares

Yep. Insiders just screwed everyone. People ask why a reverse split is a bad thing....there ya' have it.